A short, but interesting article that demonstrates why statistics can be completely useless (something we saw with Ireland’s GDP – Leprechaun Economics click here).
Read here
Economics
Bill Mitchell: US labour market recovery leaves considerable slack and rising long-term unemployment
The US labour market is still 6,76 thousand jobs short from where it was at the end of February 2020, which helps to explain why there are no fundamental wage pressures emerging. Read here
Geopolitics
Jeremy Scahill, Murtaza Hussain – Iran Blasts Trump’s Claims of Direct Talks as “Fake News” Aimed at Manipulating Markets
It’s clear that Trump has backed down, what we don’t know yet is whether it’s setting the stage for a withdrawal or a bigger attack. In ‘Dropsite News’. Read the article HERE.
Economics
Frances Coppola – Regulating Stablecoins for What They Are
Stablecoins redefine the nature of money. Stop trying to regulate them as if they are nothing new. Read here
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